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Soil Amendments Market Anticipated To Witness Robust Growth, Surpassing $7.76 Billion By 2029
The Soil Amendments Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].What Is the Current Soil Amendments Market Size and Its Estimated Growth Rate?
The Soil Amendments Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Soil Amendments Market Size and Its Estimated Growth Rate?
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How Are Emerging Segments Shaping the Soil Amendments Market Landscape?
The soil amendments market covered in this report is segmented -
1) By Soil Type: Clay, Sand, Loam, Silt
2) By Crop Type: Cereals And Grains, Oilseeds And Pulses, Fruits And vegetables, Other Crop Types
3) By Product: Organic, Inorganic
4) By Form: Dry, Liquid
5) By Application: Construction And Mining, Agriculture And Gardening, Other Applications
Subsegments:
1) By Clay: Organic Amendments, Inorganic Amendments, Gypsum, Compost
2) By Sand: Organic Matter, Fertilizers, Soil Conditioners
3) By Loam: Compost, Peat Moss, Vermiculite, Perlite
4) By Silt: Organic Matter, Lime, Biochar, Nutrient Amendments
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Which Growth Factors Are Influencing Soil Amendments Market Expansion?
Concerns over soil degradation are predicted to serve as a catalyst for the expansion of the soil amendments market. Soil degradation implies a decline in soil quality or fertility, primarily as a result of human activities or natural phenomena. This concern predominantly arises from factors such as intensive farming, climate change, urbanization, and deforestation. To rectify these problems, soil amendments are deployed to enhance soil quality by restoring microbial populations, adjusting pH levels, incorporating organic matter, improving water retention, and minimizing compaction. For example, the United Nations Convention to Combat Desertification (UNCCS), a US-based UN Agency for land restoration, highlighted in November 2022 that roughly 20% of people globally now reside and work on degraded farming land. Moreover, it's projected that nearly 40% of the world's soil is already degraded and this could reach as high as 90% by 2050. In addition, between 10 to 12 million hectares of agricultural land are rendered unproductive each year due to soil degradation. As a result of these alarming figures, the concerns regarding soil degradation are likely to catalyze the growth of the soil amendment market.
Who Are the Dominant Players Across Different Soil Amendments Market Segments?
Major companies operating in the soil amendments market include BASF SE, UPL Limited, FMC Corporation, Adama Agricultural Solutions Ltd., Bayer AG, Novozymes A/S, Lallemand Inc., T Stanes & Company, Evonik Industries AG, Nufarm Ltd., DOW Inc., Greenfield Eco Solutions Pvt. Ltd., Gujarat State Fertilizers and Chemicals Limited, Oro Agri Europe S.A, SANOWAY GmbH, Eastman Chemical Company, Vantage Specialty Chemicals Inc., Clariant International Ltd., Croda International plc, Solvay S.A., Syngenta AG, ADEKA CORPORATION, Akzo Nobel N.V., BioWorks Inc., Biochar Now LLC, Bio Soil Enhancers Inc., Black Diamond Vermicompost, Blue Planet Environmental Solutions Pte. Ltd., Carbon Gold Ltd., Earth Science Laboratories Inc.
What Are the Latest Developing Trends in the Soil Amendments Market?
Key players in the soil amendments market are focusing on introducing innovative products, like cutting-edge agricultural solutions that offer long-term protection against a range of fungal diseases in different crops, encourage healthier crop yields, and support sustainable farming methods. Advanced agricultural solutions comprise state-of-the-art technologies, products or practices aimed at enhancing crop production, improving pest and disease control, and advancing sustainability in farming activities. For example, Bayer, a globally recognized German corporation specializing in agriculture and life sciences, received EPA approval for Luna Pro Fungicide in March 2023. Luna Pro Fungicide is a top-quality fungicide that effectively curbs both foliar and soilborne diseases, particularly in potato farming, by using a blend of systemic active components. Its formulation contains prothioconazole, which restrains fungal propagation at the cellular level, and fluopyram, which boosts disease resistance and facilitates overall plant health. By enhancing crop durability and yield capability, this fungicide acts as a key resource for farmers aiming to manage disease threats while promoting sustainable farming practices.
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Which Geographic Regions Are Expected to Dominate the Soil Amendments Market in the Coming Years?
North America was the largest region in the soil amendments market in 2024. The regions covered in the soil amendments market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Soil Amendments Market?
2. What is the CAGR expected in the Soil Amendments Market?
3. What Are the Key Innovations Transforming the Soil Amendments Industry?
4. Which Region Is Leading the Soil Amendments Market?
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